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Bangladesh - Trade & Marketing Information
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ALIGN="RIGHT" SRC="/cgtd/global/asia/bangla.gif"> Bangladesh - key economic data 


Economy Overview:

    Despite sustained domestic and international efforts to improve economic and
    demographic prospects, Bangladesh remains one of the world's poorest, most
    densely populated, and least developed nations. Its economy is
    overwhelmingly agricultural, with the cultivation of rice the single most
    important activity in the economy. Major impediments to growth include
    frequent cyclones and floods, the inefficiency of state-owned enterprises, a
    rapidly growing labor force that cannot be absorbed by agriculture, delays
    in exploiting energy resources (natural gas), and inadequate power supplies.
    Excellent rice crops and expansion of the export garment industry led to
    real growth of 4% in 1992 and again in 1993. Policy measures intended to
    reduce government regulation of private industry, to curb population growth,
    and to expand employment opportunities have had only partial success given
    the serious nature of Bangladesh's basic problems.


National product:
    GDP - purchasing power parity - $130.1 billion (1994 est.)
National product real growth rate:
    4.5% (1994 est.)
National product per capita:
    $1,040 (1994 est.)
Inflation rate (consumer prices):
    4.3% (1992 est.)
Unemployment rate:
    NA%
Budget:
  revenues:
    $2.8 billion
  expenditures:
    $4.1 billion, including capital expenditures of $1.8 billion (FY92/93)



Industrial production:

    growth rate 6.9% (FY92/93 est.); accounts for 9.4% of GDP
Electricity:
  capacity:
    2,740,000 kW
  production:
    9.2 billion kWh
  consumption per capita:
    70 kWh (1993)



Economic Activity


Industries:

    jute manufacturing, cotton textiles, food processing, steel, fertilizer

Agriculture:
    accounts for 33% of GDP, 65% of employment, and one-fifth of exports;
    world's largest exporter of jute; commercial products - jute, rice, wheat,
    tea, sugarcane, potatoes, beef, milk, poultry; shortages include wheat,
    vegetable oils, cotton
Bangladesh - key foreign trade data 



Exports:

    $2.38 billion (1993)
  Commodities:
    garments, jute and jute goods, leather, shrimp
   Major Trade Partners::
    US 33%, Western Europe 39% (Germany 8.4%, Italy 6%) (FY91/92 est.)



Imports:

    $3.99 billion (1993)
  Commodities:
    capital goods, petroleum, food, textiles
   Major Trade Partners::
    Hong Kong 7.5%, Singapore 7.4%, China 7.4%, Japan 7.1% (FY91/92 est.)
External debt:
    $13.5 billion (June 1993)
Bangladesh - Trade, Industry & Marketing information

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